The goal of trading is consistent profitability that significantly outweighs loss and trading-related costs. Income surplus, lack of debt, and financial independence are dreams for most people. Understandably, trading draws many people in due to the relatively low cost and requirements. Many people have personal computers capable of running day...
Futures trading platforms are a dime a dozen. There is no need to list them all because Googling them yourself will provide sufficient results. NinjaTrader is one of the leading platforms because it provides useful features right after the installation. The main drawback is that it does not come with...
Classic books on day trading often advise conservative approaches. If your profit target and stop loss have a ratio of 1:1, then it’s quite possible regular market fluctuations will trigger a premature exit. If your stop loss is considerably less than your profit target, an early exit, even if a...
Firstly, we must say that no profit or guarantees are being alleged, here. Trading of any kind involves a certain level of risk. Not everyone is ready for trading. You should consult a professional financial advisor and possibly even a broker to determine if trading is right for you. Just...
When it comes to trading, figuring out what works and what doesn’t can be a costly process. You could buy every day trading course and software that exists, spending hundreds of thousands of dollars, and be left with very few that are worth anything. From our experience, what works best...
Beginner and experienced traders like to identify areas of support and resistance, or recent highs and lows, by drawing horizontal lines on the chart that coincide with barriers where price did not cross. The idea is that price, again, will not want to tread beyond those lines/values for whatever reason....
